The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1887-05-05
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THE STATE OF Trade.
H. G. Dun & Co.'s. weekly Trade
Review.

H. G. DUN & Co.'s. Weekly Trade
Review.
NEW YORK, April Or. G. Dun
s. Company's weekly trade review says:
The Interstate bill is doubtless charg-
ed with much interruption of business
that does not belong to it. But during
the past week evidences have multi
piled of its harmful effect. By con-
vincing proof that Boston'S export
trade would be destroyed if
customary rates and favoring rates
we're refused, the commission was
led to virtually suspend operation of
the second section for the benefit of the
Boston roads. Pacific Railroads OBJ
tanned exemption and reduced their
rates except the Union Pacific, which
was by error omitted. In session at
Atlanta the commission was informed
of many projected enterprises,
contracts for which had been
suspended until the question
of rates could be settled.
A contract for 5000 tons of paving
at Marlboro, N. H, was refused, rates
being advanced three times as much as
of freight accumulate at many points
awaiting results of appeals to the COM
mission. Louisville merchants offer
complaints as to injury in some trades.
New Orleans expected improve
ment, but realizes none
and finds business upset. Cleve-
land feels injury in important
branches. Hartford manufacturers
find that the act threatens to exclude
them from many markets. Pittsburg
and Philadelphia attribute to the act
much dizziness and iron manufacturers
hold that they have already sustained
large aggregate loss. Thus while the
reaction after the exceptional
activity of March was predicted,
considerable disturbance certainly
results from the new law and
especially from the uncertainty as to
its requirements. General reports of
trade are nevertheless favorable, and
it is cheering to note how a hopeful
spirit is everywhere expressed. Money
is generally in good supply, though in
demand at Nashville and tighter. AT
New Orleans collections continue fair.
with improvement at Milwaukee and
Cincinnati except in trades affected by
strikes in building and manufacturing.
Collections are very good at Nashville,
except in the tobacco trade, and less
delayed than might be expected where
real estate speculation RACES. AT
many points unreasonable weather
embarrassed the condition of leading
branches of business which is appar-
entity improving. A brighter sky is
seen in the boot and shoe trade, with
increasing orders. Better demand is
seen for some kinds of leather and the
prices for new clip of wool at the west
are higher than was expected, though
in eastern markets there is no
change. Cotton goods are at
present in immoderate request, and
prints a shade lower, but the effect
of the exceptional purchase in March
has not yet passed. Wheat rose dur
ing the week and reacted again be-
tween western farmers, who think
higher railroad rates should be borne
by the consumers, and the worlds
markets, which refuse to advance, does
not favor the farmers thus far. Coffee
has been feverish. Of all great indus
tries iron manufacture is the most
unsettled, because the Interstate
changes may check railroad building,
while the projected increase in the
production of iron is heavy. Business
failures occurring throughout the
country during the last week number
for the United States, 164, and for
Canada 81, total of 191 against 191
last week and 207 for the correspond
ing week of last year.